Review : Investment in Sarvottam Golden i, Commercial, Noida Extension, Loss or Profit

Review

Project Review : The Sarvottam Golden i, is situated in the Techzone-4, Noida Extension (Greater Noida West). This project is under developing by the Sarvottam Group. Its a mix land use project. This project consists of IT/ITES Offices space, Retail Commercial Space, Corporate Suites and Residential Apartments. It’s a Mall type commercial project. In this property commercial shops and office space are available in various sizes.

Possession | Construction Update
This is the most uncertain query of the entire project. The promised date of delivery/possession is in the year of December 2018.  The project is under construction. The construction is very slow. So this project may be the delay for more couple of years or even more.

sarvottam golden i commercial, noida extension

As per Location
The Sarvottam Golden i is situated in the prime location of the Noida Extension (Greater Noida West). It is located on the Noida Greater Noida link road of the Noida Extension, nearby the Kishan chowk.
It’s a corner property both sides are wide roads. It is the just two-minute drive from the Noida and just 5-minute drive from the Ghaziabad NH-24.

This project is just walking distance from upcoming Kishan Chowk Metro Station. This is the only commercial project which caters the whole residential belt of Techzone-4, Noida Extension.
Approx more than 20 thousand families expected to reside in the next three years at this location of Techzone-4, Noida Extension. It’s a mix land use commercial property.

Drawbacks | Bad Factors
This project is already delayed for more than two years and the construction is in primary stage at the Sarvottam Golden i, and to see the present situation of this project it seems that the construction of this project will hardly complete.

The Maximum Mall or Mall type properties are not the good and safe investment options in the Ghaziabad, Noida and Greater Noida area. The maximum investors who invested in Mall type properties are in 99% loss.

Actually, only a few Malls is running fine in Ghaziabad, Noida and Greater Noida area, like The Shipra Mall, The GIP Mall, The DLF Mall of India etc otherwise all other Mall type properties are the investment of 99% loss.

The construction and possession of this project depend on the sale of shops/space so the project may be the delay.

Key Point
The point to be noted that according to our experience that the investment in any retail commercial shop/project should be done only when its external structure is visible. Only just looking at the map or in the soft launch and pre-launch stage of any retail/Mall commercial project and investing in it is very risky.

The property is best suited if you are willing to hold onto a longer term for returns as it would take a couple of more years (or even more) for completion of the property and the market to appreciate in the locality. As for the location of the property is concerned it is a prime locality with all required amenities located within 3-5 km. And this is subjected to the completion of this project on the set time, next year, which seems fairly uncertain.

It is probably not the right choice of investment for those who are looking for ROI in the next year or so. Given the doubts surrounding the possession date, there may not be a real appreciation of value for resale in a year. In fact, investors who are trying to make a sale of their property in the Sarvottam Golden i are now struggling to reach their initial investment. Despite having brought their prices down, there aren’t any takers to buy these properties.

As we advice to the investors that buying/investment in the office space of the Sarvottam Golden i is good for business and investment purpose instead of commercial retail shops. The ground floor main road facing commercial retail shopsmay be a good investment.

Advice
Do not put your hard earned money in the builder’s seduction, Assured return and lease guaranty properties are always an investment of risk. So invest wisely.

These days the developer of the Sarvottam Golden i, offering several attractive schemes to customers to invests in this property, like the 12% assured return, lease guaranty, and 30-70, 50-50%, payment plans.

Basically, the Assured return and Lease guaranty is nothing, the real estate developers sell their low money property at a very higher price and return your hard earned money in the name of the assured return or rent to you in the form of EMI. Actually, they are making you fool.

Advantages | Good Factors
That the Sarvottam Golden i is 100% visible to all passers from surrounding residential societies like The Amrapali Leisure Valley, The Amrapali Crystal Homes, The Supertech eco village, The Arihant Arden, The Ace Aspire and much more. So the visibility of the Sarvottam Golden i is excellent.

At present the layout design of the Sarvottam Golden i is very impressive, an especially ground floor retail shops layout is very good. (Which is subject to the approval of shown layout map) The Maximum commercial retail shop of the ground floor is properly visible from the main road. The ground floor commercial retail shops are double height.

The project has sufficient parking space for stakeholders and visiting guests.

Sarvottam Golden i, Techzone-4, Greater Noida West

Builder Profile
The developer of the Sarvottam Golden i, has a good track record in the real estate industry. He has successfully delivered several residential and commercial project in Noida & Ghaziabad.  The Builder claim that this project land is 100% paid.

Price | Lease Price
The commercial retail shop price starting from INR RS 09K per sq ft and office space price starts from INR Rs 04K per sq ft plus other charges. The price is very reasonable and competitive for investment in this type of good property.

These days the developer of the Sarvottam Golden i, offering several attractive schemes to customers to invests in this property, like the 12% assured return, lease guaranty, and 30-70, 50-50%, payment plans.

That builder/project who offers this kind of investment offers is not in the category of secure investment, as our experience most assured return properties are the investment of loss

Conclusion
The investment in Sarvottam Golden i may take a very long time to grow. So invest carefully.

CPR Rating: * *

NOTE: BEFORE INVESTING DO, YOUR OWN RESEARCH

15 Comments

  1. Last year I purchased. Office space I this project, project is good, after reading this feedback I more impressed location of sarvottam golden I is also very good

    Reply
    • Hello P sharmaji,

      I recently bought office space here.
      Is there any social media connection of buyers of this project?

      Please mail me at anubhavjain346@gmail.com

      Reply
  2. Office space is safe investment in compression of mall type property

    In any retail market main road facing ground floor shop are the best commercial investment

    Reply
  3. There is a big gep in demand and supply, in whole noida extension this kind of mall and office space type projects/properties are everywhere,

    mean to say that supply of IT-OFFICE space and mall types properties are too much, so as I think investment in this kind of properties is not a wise decision.

    Reply
  4. Well all above coments regarding sarvottam golden I noida5 extension is appreciable ‘ and I agree that.

    And I also agree with that in Ghaziabad noida and greater noida area mail type properties are investment of loose but as I thought this property golden I commercial is better than other mall type projects of noida extension (greater noida west)

    Location of sarvottam golden I commercial is ultimate

    Reply
  5. Sarvottam i commercial office space is good for investment

    Reply
  6. Construction very slow sarvottam golden i commercial’can say no construction activite’builder gives false promise

    Reply
  7. I HAVE HEARD ABOUT NX 1 NEAR GAUR CHOWK, CAN YOU PLEASE GUIDE ME IS IT SAFE FOR INVESTMENT OR NOT AS I FEEL THAT THIS PROJECT’S LOCATION IS BETTER THEN GOLDEN I.

    KINDLY COMMENT.

    Reply
    • Hi, Robin, Both project has good location, NX one (nx 1) and sarvottam golden i,

      price is also resonable in both project, both project are very near to kishan chowk, but in both projects construction work is very very slow. so both project can be delayed more than 5 years

      Reply
  8. I would like to inform you that one of friend is asking to invest 450 sq ft. Lockable space price 12.5 lakh w registration fees excluded. Pls let me know is it good option or any other suggestions

    Reply
  9. This projects map has not been approved till now

    Reply
    • Hi RAJ K Sharma,

      How can we check project is approved or not.

      Is there any site to check this

      Pls reply I plan to Invest in this project

      Reply
      • Rawat ji,

        Ask the builder to show the approved maps. It’s your right.

        Reply
  10. Hi buddy,
    Myself sonu jaiswal from sarvottam Golden i,
    just i read all the massages which are posted by all of you.
    There are many doubts regarding construction, possession date,assured return, map approvals , project delay etc.

    I rectify all your doubts here:

    Construction : It has already started ( Pics are available on demand)

    Possession Date: 48 Months From the map Approval date.

    Map Approved date is 16/06/2017

    Assured Return: There is no assured Return

    and It’s not a mall type of property. It’s Heigh street Retail Market, like – connaught Place.

    you can see all the project approvals.

    and we hope everybody will gate there property on time.

    Reply
    • The Sarvottam Golden i, is in the launch/booking starts since the year 2015-2016. why/how you starts your booking without map approved ?

      Reply

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